Global Baby Foods and Infant Formula Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Baby Foods and Infant Formula Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Baby food products help in fulfilling nutritional requirements of babies and help in their physical growth and development. Infant formula products are to meet the nutritional needs of babies by adding various nutrients to milk powder to achieve an effect close to breast milk.

According to our (Global Info Research) latest study, the global Baby Foods and Infant Formula market size was valued at US$ 38600 million in 2023 and is forecast to a readjusted size of USD 44130 million by 2030 with a CAGR of 2.0% during review period.

The major global manufacturers of baby food and formula include Beingmate, Hipp, Mead Johnson, Arla Foods, FrieslandCampina, Morinaga Milk, Yili Group, Danone, Abbott, Nestle, China Feihe, Hero Group and Meiji, etc., which are mainly distributed in Europe, North America, China and Japan, accounting for more than 60% of the market share. The world"s largest consumer region is the Asia-Pacific region, which accounts for half of the market, followed by Europe and North America at 22 and 16 per cent, respectively.

Baby Foods and Infant Formula includes Milk Formula and Infant Complementary Foods, Milk Formula occupies the main market share. Among them, A2 Infant Formulas is the closest natural formula, so it is also widely favored by consumers. In 2019, it occupied 4% of the entire market.

The sales of Baby Foods and Infant Formula are mainly carried out through offline channels, of which Supermarket/Hypermarket and Baby Stores account for 23% and 36% of the market respectively in 2019. However, online sales will grow rapidly in the future.

This report is a detailed and comprehensive analysis for global Baby Foods and Infant Formula market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Sales Channel. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Baby Foods and Infant Formula market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (K USD/MT), 2019-2030

Global Baby Foods and Infant Formula market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (K USD/MT), 2019-2030

Global Baby Foods and Infant Formula market size and forecasts, by Type and by Sales Channel, in consumption value ($ Million), sales quantity (K MT), and average selling prices (K USD/MT), 2019-2030

Global Baby Foods and Infant Formula market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (K USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Baby Foods and Infant Formula

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Baby Foods and Infant Formula market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Beingmate, HiPP, Mead Johnson, Arla Foods, FrieslandCampina, Morinaga Milk, Yili Group, Danone, Abbott, Nestle, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Baby Foods and Infant Formula market is split by Type and by Sales Channel. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Sales Channel in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Milk Formula
A2 Infant Formulas
Infant Complementary Foods

Market segment by Sales Channel
Offline Retail
E-Commerce

Major players covered
Beingmate
HiPP
Mead Johnson
Arla Foods
FrieslandCampina
Morinaga Milk
Yili Group
Danone
Abbott
Nestle
China Feihe
Hero Group
Meiji

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Baby Foods and Infant Formula product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Baby Foods and Infant Formula, with price, sales quantity, revenue, and global market share of Baby Foods and Infant Formula from 2019 to 2024.

Chapter 3, the Baby Foods and Infant Formula competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Baby Foods and Infant Formula breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Sales Channel, with sales market share and growth rate by Type, by Sales Channel, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Baby Foods and Infant Formula market forecast, by regions, by Type, and by Sales Channel, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Baby Foods and Infant Formula.

Chapter 14 and 15, to describe Baby Foods and Infant Formula sales channel, distributors, customers, research findings and conclusion.